Real Estate Investment Properties for Sale in Roanoke, VA

Looking for investment property in Roanoke, VA with high ROI ?

Explore a variety of short-term homes & houses in Roanoke, VA. Invest wisely with VRBO & Roanoke, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Roanoke, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2125 Yellow Mountain RD Roanoke, VA This rare opportunity to own one of South Roanoke's premier and most spacious condos! This...	3 beds \| 3 baths \| N/A	$1,225,000	Airbnb cash on cash: 0% Traditional cash on cash: -0.68% Airbnb Rental Income: $3168 Traditional Rental Income: $1675 Airbnb ROI: 0% Traditional ROI: -0.68%
4631 Heather DR SW #209 Roanoke, VA Great opportunity in the Glen - Condo with amazing views, tons of light, open concept floo...	2 beds \| 2 baths \| 1,844 sq.ft.	$279,950	Airbnb cash on cash: 2.54% Traditional cash on cash: 1.77% Airbnb Rental Income: $2283 Traditional Rental Income: $1510 Airbnb ROI: 2.54% Traditional ROI: 1.77%
3232 Allendale ST SW Roanoke, VA A Charming Storybook Tudor on one of Roanoke's most sought after streets. A brand new kitc...	3 beds \| 3 baths \| 2,361 sq.ft.	$685,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 1.95% Airbnb Rental Income: $1297 Traditional Rental Income: $2608 Airbnb ROI: -0.74% Traditional ROI: 1.95%
4438 Pheasant Ridge RD SW #203 Roanoke, VA Enjoy an abundance of natural light along with breathtaking sunrises and sunsets from this...	2 beds \| 2 baths \| 1,600 sq.ft.	$310,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.14% Airbnb Rental Income: $1216 Traditional Rental Income: $1423 Airbnb ROI: -0.91% Traditional ROI: 1.14%
110 Barbara LN Roanoke, VA Charming and move-in ready! This updated brick ranch in sought-after Botetourt County sits...	3 beds \| 2 baths \| 2,128 sq.ft.	$349,950	Airbnb cash on cash: -0.26% Traditional cash on cash: 5.51% Airbnb Rental Income: $865 Traditional Rental Income: $2428 Airbnb ROI: -0.26% Traditional ROI: 5.51%
4915 Pomeroy RD NW Roanoke, VA Updated ranch home with NEW WINDOWS and a HUGE 28x28 GARAGE. Beautiful hardwood floors, u...	2 beds \| 2 baths \| 1,676 sq.ft.	$259,950	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.17% Airbnb Rental Income: $1305 Traditional Rental Income: $1847 Airbnb ROI: 1.3% Traditional ROI: 5.17%
5613 Midway DR Roanoke, VA Stunning City View Property - A Must-See! Welcome to your dream home with panoramic cit...	3 beds \| 2 baths \| 1,508 sq.ft.	$389,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.1% Airbnb Rental Income: $1228 Traditional Rental Income: $1829 Airbnb ROI: 0.38% Traditional ROI: 3.1%
7522 New Barrens CT Roanoke, VA Beautiful North Roanoke County Colonial now available! This wonderful home features 4 bedr...	4 beds \| 4 baths \| 3,177 sq.ft.	$499,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.19% Airbnb Rental Income: $2956 Traditional Rental Income: $2961 Airbnb ROI: 2.72% Traditional ROI: 4.19%
702 Conway ST NE Roanoke, VA Welcome to your next home! This 2 Bedroom 1 Bath charm is waiting for you to make it your ...	2 beds \| 1 baths \| 900 sq.ft.	$199,933	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.86% Airbnb Rental Income: $1898 Traditional Rental Income: $1374 Airbnb ROI: 4.96% Traditional ROI: 4.86%
3558 Wright RD SW Roanoke, VA This sprawling brick ranch offers true one level living with great curb appeal, spacious l...	3 beds \| 3 baths \| 2,399 sq.ft.	$399,950	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.74% Airbnb Rental Income: $1470 Traditional Rental Income: $2652 Airbnb ROI: 0.43% Traditional ROI: 4.74%
319 Campbell AVE SW #206 Roanoke, VA Industrial-chic 1-bedroom, 1.5-bath downtown condo with private garage parking and dedicat...	1 beds \| 2 baths \| 782 sq.ft.	$249,950	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.54% Airbnb Rental Income: $811 Traditional Rental Income: $1670 Airbnb ROI: -1.47% Traditional ROI: 3.54%
3706 Derby DR Roanoke, VA Step through the front door and be immediately captivated by the warmth and character of c...	3 beds \| 3 baths \| 2,197 sq.ft.	$550,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.94% Airbnb Rental Income: $1119 Traditional Rental Income: $2501 Airbnb ROI: -0.48% Traditional ROI: 2.94%
45 Brookfield CT Roanoke, VA Move in ready patio home with open floor plan, large kitchen, vaulted ceilings, and modern...	2 beds \| 2 baths \| 1,660 sq.ft.	$355,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.42% Airbnb Rental Income: $1004 Traditional Rental Income: $2281 Airbnb ROI: -0.48% Traditional ROI: 4.42%
324 Salem AVE #304 Roanoke, VA A well-designed loft, south facing, studio apartment with large original windows and tons ...	1 beds \| 1 baths \| 720 sq.ft.	$215,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 0.94% Airbnb Rental Income: $811 Traditional Rental Income: $1008 Airbnb ROI: -1.61% Traditional ROI: 0.94%
2343 Circle DR SW Roanoke, VA Welcome to this beautifully updated home in the Greater Deyerle Neighborhood, one of Roano...	3 beds \| 3 baths \| 2,350 sq.ft.	$390,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.53% Airbnb Rental Income: $1538 Traditional Rental Income: $2496 Airbnb ROI: 0.69% Traditional ROI: 4.53%
3990 Winding Way RD SW Roanoke, VA Location, location, location! This well-built home situated on a park-like 1-acre lot offe...	4 beds \| 3 baths \| 3,514 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2815 Airbnb ROI: N/A Traditional ROI: 5.42%
3358 Melody AVE Roanoke, VA ''2 Family Home''-both 1 level living-no stairs!! Live on main flr, rent lower apartment t...	4 beds \| 3 baths \| N/A	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 6.72%
701 Marshall AVE SW Roanoke, VA Classic historic charm meets modern living! This beautifully remodeled 3-bcdroom, 2.5-bath...	3 beds \| 3 baths \| 2,016 sq.ft.	$355,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 5.13% Airbnb Rental Income: $1167 Traditional Rental Income: $2517 Airbnb ROI: -0.07% Traditional ROI: 5.13%
909 HIGHLAND AVE SE Roanoke, VA Charming and fully renovated! This beautiful home has been thoughtfully updated while pres...	5 beds \| 2 baths \| 1,624 sq.ft.	$289,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2112 Airbnb ROI: N/A Traditional ROI: 5.82%
5432 Quail Ridge CIR Roanoke, VA Beautiful Hunting Hills patio home with open living space. The main floor offers three bed...	4 beds \| 3 baths \| 3,576 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $2646 Airbnb ROI: N/A Traditional ROI: 2.69%
157 Clubhouse DR Roanoke, VA This split-foyer home sits on a desirable corner lot and features a fully fenced-in yard p...	4 beds \| 3 baths \| 1,836 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 4.05%
7929 Whistler DR Roanoke, VA Discover a private 3.19 acre retreat just minutes from town with this beautiful 4 bedroom ...	4 beds \| 2 baths \| 2,288 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: 4.08%
367 Washington AVE SW Roanoke, VA Historic Charm Meets Modern Comfort. Built in 1900, offering over 2,100 square feet, 3 bed...	3 beds \| 2 baths \| 2,162 sq.ft.	$299,999	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.44% Airbnb Rental Income: $1097 Traditional Rental Income: $2190 Airbnb ROI: 0.25% Traditional ROI: 5.44%
1613 LOUDON AVE NW Roanoke, VA Discover an excellent investment opportunity or the perfect house-hacking setup at 1613 Lo...	N/A beds \| N/A baths \| N/A	$189,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $1058 Airbnb ROI: N/A Traditional ROI: 3.62%
610 8th ST NW Roanoke, VA You will love this 1920s classic brick four square located in the heart of Roanoke City. E...	4 beds \| 2 baths \| 1,792 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.17% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 10.17%
304 Clubhouse DR Roanoke, VA With a little TLC this Roanoke County brick rancher will make the perfect home! The proper...	5 beds \| 3 baths \| 1,800 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2513 Airbnb ROI: N/A Traditional ROI: 8.09%
1624 24th ST NE Roanoke, VA Be sure to not scroll by this home in mint condition just built in 2023 and filled with im...	3 beds \| 3 baths \| 1,680 sq.ft.	$279,950	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.69% Airbnb Rental Income: $1119 Traditional Rental Income: $1897 Airbnb ROI: 0.32% Traditional ROI: 4.69%
1156 Montrose AVE SE Roanoke, VA Welcome to this updated 2 bedroom, 1 bath ranch style home situated on a corner lot. This ...	2 beds \| 1 baths \| 780 sq.ft.	$165,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.04% Airbnb Rental Income: $1031 Traditional Rental Income: $1218 Airbnb ROI: 1.56% Traditional ROI: 5.04%
509 Mountain AVE SW Roanoke, VA Timeless charm meets modern comfort is this 1919 Victorian Gem! Classic elegance and perio...	3 beds \| 2 baths \| 1,350 sq.ft.	$324,950	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.22% Airbnb Rental Income: $1097 Traditional Rental Income: $1767 Airbnb ROI: 0.81% Traditional ROI: 4.22%
1114 LAFAYETTE BLVD NW Roanoke, VA This turnkey investment property is a fantastic opportunity for house hacking or rental in...	N/A beds \| N/A baths \| N/A	$176,700	Airbnb cash on cash: 8.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $2332 Traditional Rental Income: $1434 Airbnb ROI: 8.28% Traditional ROI: 6.37%
3506 Bunker Hill DR Roanoke, VA Charming 3-bedroom, 1-bath brick single-family home located in the desirable Hidden Valley...	3 beds \| 1 baths \| 1,377 sq.ft.	$258,500	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.3% Airbnb Rental Income: $1228 Traditional Rental Income: $1584 Airbnb ROI: 1.23% Traditional ROI: 4.3%
3938 VIRGINIA AVE NW Roanoke, VA MOVE IN READY! FRESHLY PAINTED AND REPLACEMENT WINDOWS. NEW LVP FLOORS - FORCED AIR GAS HE...	3 beds \| 1 baths \| 1,350 sq.ft.	$130,950	Airbnb cash on cash: 7.31% Traditional cash on cash: 9.16% Airbnb Rental Income: $1699 Traditional Rental Income: $1460 Airbnb ROI: 7.31% Traditional ROI: 9.16%
8717 Little Hoop RD Roanoke, VA Discover the Maintenance-free lifestyle you deserve in this Roanoke County townhome, ideal...	2 beds \| 3 baths \| 1,544 sq.ft.	$275,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 5.21% Airbnb Rental Income: $1004 Traditional Rental Income: $2244 Airbnb ROI: -0.95% Traditional ROI: 5.21%
2107 SE Kenwood Boulevard Roanoke, VA Welcome to this charming bungalow situated on a desirable corner lot! Freshly updated with...	2 beds \| 1 baths \| 936 sq.ft.	$169,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.81% Airbnb Rental Income: $1024 Traditional Rental Income: $1166 Airbnb ROI: 1.72% Traditional ROI: 4.81%
3776 Buck Mountain RD Roanoke, VA Modern amenities old time space and charm . Large private lot across from the Blue Ridge p...	4 beds \| 3 baths \| 1,502 sq.ft.	$274,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $2134 Airbnb ROI: N/A Traditional ROI: 6.21%
1290 Trafalgar DR Roanoke, VA Nestled on a peaceful cul-de-sac, this 3-bed, 2-bath home offers comfort, style, and funct...	3 beds \| 2 baths \| 1,758 sq.ft.	$374,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.12% Airbnb Rental Income: $2084 Traditional Rental Income: $2024 Airbnb ROI: 1.77% Traditional ROI: 3.12%
3216 Greenland AVE NW Roanoke, VA Beautifully Renovated 4 Bedroom Home!This sweet home has been fully updated from top to bo...	4 beds \| 2 baths \| 1,370 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 6.78%
535 MADISON AVE NW Roanoke, VA TAKE A LOOK AT THIS NICE 2 STORY HOME, 4 BED, 1 BATH. NEWLY REFINISHED HARDWOOD FLOORS. FR...	4 beds \| 1 baths \| 1,778 sq.ft.	$164,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 7.85%
2710 Meadowview DR NW Roanoke, VA Welcome to your dream home, boasting charm, comfort, and convenience of one-level living n...	4 beds \| 1 baths \| 1,346 sq.ft.	$217,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $1654 Airbnb ROI: N/A Traditional ROI: 5.64%
7919 Shadwell DR Roanoke, VA Check out the fantastic kitchen in this recently completed renovation! Wonderful open flo...	3 beds \| 3 baths \| 1,850 sq.ft.	$599,950	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.12% Airbnb Rental Income: $865 Traditional Rental Income: $2087 Airbnb ROI: -0.66% Traditional ROI: 2.12%

Real Estate investment in Roanoke, VA

There are 204 properties for sale in the city of Roanoke . The median list price in Roanoke is $299,900 and the average price per square foot is $144. In December 2025, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,082.

Roanoke, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 204 investment properties available for sale in Roanoke.

In 2025, the best neighborhood to buy investment property is Shenandoah West.

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $2,082.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, VA

2125 Yellow Mountain RD

Roanoke, VA

3 beds | 3 baths | N/A

$1,225,000

Airbnb cash on cash: 0%

Traditional cash on cash: -0.68%

Airbnb Rental Income: $3168

Traditional Rental Income: $1675

Airbnb ROI: 0%

Traditional ROI: -0.68%

4631 Heather DR SW #209

Roanoke, VA

2 beds | 2 baths | 1,844 sq.ft.

$279,950

Airbnb cash on cash: 2.54%

Traditional cash on cash: 1.77%

Airbnb Rental Income: $2283

Traditional Rental Income: $1510

Airbnb ROI: 2.54%

Traditional ROI: 1.77%

3232 Allendale ST SW

Roanoke, VA

3 beds | 3 baths | 2,361 sq.ft.

$685,000

Airbnb cash on cash: -0.74%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1297

Traditional Rental Income: $2608

Airbnb ROI: -0.74%

Traditional ROI: 1.95%

4438 Pheasant Ridge RD SW #203

Roanoke, VA

2 beds | 2 baths | 1,600 sq.ft.

$310,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 1.14%

Airbnb Rental Income: $1216

Traditional Rental Income: $1423

Airbnb ROI: -0.91%

Traditional ROI: 1.14%

110 Barbara LN

Roanoke, VA

3 beds | 2 baths | 2,128 sq.ft.

$349,950

Airbnb cash on cash: -0.26%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $865

Traditional Rental Income: $2428

Airbnb ROI: -0.26%

Traditional ROI: 5.51%

4915 Pomeroy RD NW

Roanoke, VA

2 beds | 2 baths | 1,676 sq.ft.

$259,950

Airbnb cash on cash: 1.3%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1305

Traditional Rental Income: $1847

Airbnb ROI: 1.3%

Traditional ROI: 5.17%

5613 Midway DR

Roanoke, VA

3 beds | 2 baths | 1,508 sq.ft.

$389,900

Airbnb cash on cash: 0.38%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $1228

Traditional Rental Income: $1829

Airbnb ROI: 0.38%

Traditional ROI: 3.1%

7522 New Barrens CT

Roanoke, VA

4 beds | 4 baths | 3,177 sq.ft.

$499,000

Airbnb cash on cash: 2.72%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $2956

Traditional Rental Income: $2961

Airbnb ROI: 2.72%